Mister Car Wash, Inc. Common Stock (MCW) - Net Assets
Based on the latest financial reports, Mister Car Wash, Inc. Common Stock (MCW) has net assets worth $1.11 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.14 Billion) and total liabilities ($2.04 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of Mister Car Wash, Inc. Common Stock to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.11 Billion |
| % of Total Assets | 35.16% |
| Annual Growth Rate | N/A |
| 5-Year Change | 5896.11% |
| 10-Year Change | N/A |
| Growth Volatility | 1659.22 |
Mister Car Wash, Inc. Common Stock - Net Assets Trend (2019–2024)
This chart illustrates how Mister Car Wash, Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore Mister Car Wash, Inc. Common Stock balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Mister Car Wash, Inc. Common Stock (2019–2024)
The table below shows the annual net assets of Mister Car Wash, Inc. Common Stock from 2019 to 2024. For live valuation and market cap data, see market value of Mister Car Wash, Inc. Common Stock.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $998.35 Million | +9.11% |
| 2023-12-31 | $915.03 Million | +14.22% |
| 2022-12-31 | $801.13 Million | +21.91% |
| 2021-12-31 | $657.15 Million | +3846.86% |
| 2020-12-31 | $16.65 Million | +126.18% |
| 2019-12-31 | $-63.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mister Car Wash, Inc. Common Stock's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 32142600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $164.85 Million | 16.51% |
| Common Stock | $3.24 Million | 0.32% |
| Other Components | $830.26 Million | 83.16% |
| Total Equity | $998.35 Million | 100.00% |
Mister Car Wash, Inc. Common Stock Competitors by Market Cap
The table below lists competitors of Mister Car Wash, Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Visionox Technology Inc
SHE:002387
|
$1.65 Billion |
|
Cofco Biochemical Anhui Co Ltd
SHE:000930
|
$1.65 Billion |
|
Kraken Robotics Inc
V:PNG
|
$1.65 Billion |
|
Sichuan Furong Technology Co Ltd
SHG:603327
|
$1.65 Billion |
|
Celltrion Pharm Inc
KQ:068760
|
$1.65 Billion |
|
Collective Mining Ltd
TO:CNL
|
$1.65 Billion |
|
China Security & Fire Co Ltd Class A
SHG:600654
|
$1.65 Billion |
|
Fagron NV
BR:FAGR
|
$1.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mister Car Wash, Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 915,035,000 to 998,352,000, a change of 83,317,000 (9.1%).
- Net income of 70,239,000 contributed positively to equity growth.
- Share repurchases of 19,290,000 reduced equity.
- Other factors increased equity by 32,368,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $70.24 Million | +7.04% |
| Share Repurchases | $19.29 Million | -1.93% |
| Other Changes | $32.37 Million | +3.24% |
| Total Change | $- | 9.11% |
Book Value vs Market Value Analysis
This analysis compares Mister Car Wash, Inc. Common Stock's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.73x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-0.21 | $5.25 | x |
| 2020-12-31 | $0.06 | $5.25 | x |
| 2021-12-31 | $2.19 | $5.25 | x |
| 2022-12-31 | $2.45 | $5.25 | x |
| 2023-12-31 | $2.79 | $5.25 | x |
| 2024-12-31 | $3.03 | $5.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mister Car Wash, Inc. Common Stock utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.06%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 3.11x
- Recent ROE (7.04%) is below the historical average (64.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.15% | 0.55x | 0.00x | $7.28 Million |
| 2020 | 362.78% | 10.51% | 0.30x | 117.02x | $58.74 Million |
| 2021 | -3.35% | -2.91% | 0.31x | 3.73x | $-87.76 Million |
| 2022 | 14.09% | 12.88% | 0.30x | 3.70x | $32.79 Million |
| 2023 | 8.76% | 8.64% | 0.32x | 3.15x | $-11.37 Million |
| 2024 | 7.04% | 7.06% | 0.32x | 3.11x | $-29.60 Million |
Industry Comparison
This section compares Mister Car Wash, Inc. Common Stock's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $304,265,700
- Average return on equity (ROE) among peers: 8.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mister Car Wash, Inc. Common Stock (MCW) | $1.11 Billion | 0.00% | 1.84x | $1.65 Billion |
| Asbury Automotive Group Inc (ABG) | $473.20 Million | 35.50% | 4.70x | $3.95 Billion |
| ACV Auctions Inc. (ACVA) | $-106.14 Million | 0.00% | 0.00x | $1.29 Billion |
| ACV Auctions Inc. (ACVA) | $440.00 Million | -18.11% | 1.24x | $909.06 Million |
| AutoNation Inc (AN) | $92.40 Million | 2.27% | 0.61x | $6.72 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-12.92 Million | 0.00% | 0.00x | $5.66 Million |
| Boyd Group Services Inc. (BGSI) | $828.33 Million | 10.46% | 1.88x | $3.34 Billion |
| CarGurus (CARG) | $64.73 Million | 10.04% | 0.55x | $3.00 Billion |
| Americas Car-Mart Inc (CRMT) | $213.41 Million | 9.90% | 0.70x | $105.43 Million |
| Carvana Co (CVNA) | $801.97 Million | -21.34% | 2.78x | $44.74 Billion |
| Camping World Holdings Inc (CWH) | $247.69 Million | 55.29% | 18.38x | $487.48 Million |
About Mister Car Wash, Inc. Common Stock
Mister Car Wash, Inc., together with its subsidiaries, provides conveyorized car wash services in the United States. It offers express exterior and interior cleaning services. The company serves individual retail and corporate customers. The company was formerly known as Hotshine Holdings, Inc. and changed its name to Mister Car Wash, Inc. in March 2021. Mister Car Wash, Inc. was founded in 1996 … Read more